IdeaTrade

BCash/USD Kraken vs Bitfinex

KRAKEN:BCHUSD   Bitcoin Cash
As you can see, the current price BITFINEX:BCHUSD is as of this writing 10% lower than Kraken BCHUSD .
This is a good indicator to see a possible future price.

There is a lot of support for BITFINEX:BCHUSD BCHUSD that many might not see. I can tell you now that my honest opinion is that we will see $450 and higher in the coming 1-4 weeks.

This is the place to start accumulating small bits as the price goes down. Also, pay close attention to the BTC value.BITFINEX:BCHBTC BCHBTC

This is of course very risky, so please use good money management and some patience.
Shorting, or margin trading is a very bad idea here IMHO.

A bottom? that is impossible for anyone to tell at this time.
I started buying at $303 on Kraken and will continue buying every 10%-15% drop from here.
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